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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Comment by Calgary_ABon Oct 09, 2020 4:36pm
173 Views
Post# 31699434

RE:RE:RE:RE:RE:EDDA offer didn't materialize

RE:RE:RE:RE:RE:EDDA offer didn't materializeit is not up to NMX or NMX retail investors to decide anything...you had your say when you voted to have GB and his board in power...they failed.
Now there are only 2 important people:
1. The buyer
2. The secured investor

It's a deal between 2 entities buyer and seller.

If the seller wants too much it loses the customer interest (buyer). If customer lowballs the secured creditor has an option to accept or sell everything in a public auction and devide the proceeds based on investment %.
If the auction sale brought more money to pay all secured investors and there is more money, it gets devided to the remaining retail LONGS (it never ever happens)

At this point Retail investors (AKA LONGS) can only go after old management and anything that happened illegal...but can not go after PAL or any other new investor that has an interest in purchasing this dog poop

bigkagan wrote: the deal should be cancelled because EDDA was denied access to the site and new bidding should be ordered


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